quants-n-traders

[broken thorn]

lolol

harvard does it for physics phd apps as well

[short patio]

Gpa gapped

It’s not a bad signal to avoid false positive

If you literally just toss under 3.8

You have to interview less people and likely they’re more qualified

[last herald]

Yeah

[shadow estuary]

where did chaewon go, there is a severe gap of linkedin profiles and mention of private equity in this channel

[last herald]

I’m always surprised when I do bad in an OA and get moved to another round at some places, I’d imagine they have enough applicants to just reject me right there

[short patio]

We found his LinkedIn and he nuked his discord

[short patio]

Good resume

[shadow estuary]

wait actually??

[short patio]

Or low bar for OA with tough resume screen

[short patio]

Yes

[shadow estuary]

damn lmao

was he larping

he said he a bunch of tech and qr exp

[short patio]

Biggest larper I’ve ever seen

[shadow estuary]

r u trolling me

[short patio]

Bro has no internships

No bitches

[shadow estuary]

theres no way

[short patio]

Nothing

[shadow estuary]

ur def doin a bit of trollin

[short patio]

I’m being deadass tho

He nuked all of his messages

You can try and search

[shadow estuary]

how would ppl find his linkedin if the exp he talks about wasnt real

[short patio]

Idk wasn’t the one to find it

But it really does look like it’s him

[barren steeple]

no he is very cracked

[short patio]

He is so cracked he has 0 internships because he is devoting time towards what is truly important

Larping on disc

[gentle meadow]

i miss chaewon

come back chaewon

[barren steeple]

no hes not

he has prev quant firm + incoming hrt

i have actually verified this

he worked with same headhunter i was talking to for a bit

[short patio]

Does he actually go to take

Yale

[barren steeple]

ye

he also doesnt have a linkedin

[short patio]

I feel like I’m being trolled

[twin cloud]

chaewon i didn’t know you had a second account

[junior lance]

I've been a member of this server since November and when I first commented they called me an alternative account of trameski8 and Kim Chae-won.

It's weird.

[rose holly]

#906812049441566740 message

[rose holly]

my 2s prof says citadel is evil

[rugged rampart]

Chaewon 2

[scenic bison]

🔬

[junior lance]

Virtu is horrible.

[odd vector]

No idea I haven’t studied it myself yet

[last briar]

what probability and expected value resources is recommended for trading interviews?

[broken thorn]

0x00FF00

book

[cerulean elm]

Nah

Calling cap here

Those types often simply fail whatever they're bad at and have middling GPA's

But are savants at algorithms

[short patio]

Unless you are a quant trader or have interned there you’re talking out of your ass

You have to realize that these kids are ridiculously sharp

School is not hard bruh

[cerulean elm]

I spent a year at a famous quant fund jfl

I am not talking out of my ass

I am talking about real quants I still speak to regularly

[cerulean elm]

In the USA you don't get the privilege of exclusively studying what you like

School is not that hard but GPA in stem has little to no correlation with actual workplace ability and the field of quantitative finance is no different

In fact I'd argue if your real analysis, probability theory, and measure theory grades are half decent and you're a good shot at algorithms you can graduate with a 3.0 GPA and still clear quant interviews

It's not like quant interviews ask anything other than boring brain teasers and probability theory questions that can be solved with a rudimentary understanding of sophomore mathematics anyway

[short patio]

If it’s so easy why pay so much

[cerulean elm]

Most people aren't suited for it is the real reason

The type of people who become quants are the type who never wanted to be

It's paradoxical

They're usually mathematicians or physicists who couldn't cut it in academia

2nd rate if you wish

The average math professor or heck even the average person capable of getting a PhD in a math topic that isn't an absolute fraud can pass quant interviews with their eyes closed

That's why it pays so high

Supply for people capable of that is so extremely low and the field is so insanely profitable

[short patio]

hi chae

you're back

[robust totem]

why did i get invited here

@lyric loom

[junior lance]

hi

[scenic bison]

Chae!!

[junior lance]

I'm not chae. Leave me alone.

[scenic bison]

Hey chae 🥺

[junior lance]

What a swell fellow!

[cerulean elm]

Because other people can't be successful

[tulip sapphire]

Yeah I had a coffee chat with them irl

They go to Yale

[short patio]

what was chae like

well unlike quant tradi is 80 hours of excel which is sure to drive everybody insane very quickly

[tulip sapphire]

Normal irl

Kinda quiet asw

Didn’t talk much

Compared to how much they say on here

[junior lance]

How is IIT Bombay?

[amber veldt]

has anyone interviewed with de shaw prop trading

[junior lance]

It is not worth interviewing with Shaw this late, unless it is for 2024.

[final garden]

What type of math is most important?

Stochastic, linear algebra and so on

[amber veldt]

its for 24

[final garden]

Do you even need a PhD in math, like lets say your getting a BS in Mathematics and your course already covers all the math needed to land a job as a Quant (stochastics, Linear Algebra, statistics, differential etc)

[amber veldt]

ya

[cerulean elm]

Probability theory by far

But fluency in multiple mathematics fields is expected

Quant researchers do research

Getting hired as a quant analyst or quant trader out of undergrad is possible, Quant researcher no

Ability to do research is correlated with ability to generate alpha

An undergrad won't know what the fuck hes doing

Unless you're some genius out of princeton

[final garden]

Is Probability theory the same as Stochastics Calc or very similar?

[junior lance]

There is probability theory in both the math and stats department, should I take both? I'm taking the stats one next fall but I don't know enough for the math department's probability theory (has analysis as a prereq and covers measure theory)

[junior lance]

Stochastic should be after Statistical Inference, but this may be school dependent.

[weary path]

LMAO i have never read this much copium at once in my life 😂 How old are you?

[junior lance]

He isn't very wrong?

With a week or two of prep, intelligent math phds should pass these quantitative interviews.

[cerulean elm]

I'm not wrong at all

Quants are typically academia washouts

[junior lance]

My school does Prob. Theory, Inference, then branches off into (linear regression models, linear regression analysis, stochastic processes, data analysis, electives...)

[cerulean elm]

The smartest people in the world do research to further the frontier of knowledge, not generate alpha for billionaires

The fact this has to be stated is sad

[weary path]

Yeah ok you definitely don’t know what you are talking about. 😂

[junior lance]

Most QRs have advanced degrees unless they are a genius?

[cerulean elm]

Yep, let's pretend I didnt work as a quant dev at a firm you absolutely know about, and that I didnt get hired as a quant now

Sure buddy

Whatever makes you feel more secure

[short patio]

Giga larper

[junior lance]

Both of you work at quantitative firms

[cerulean elm]

Yeah, this is generally true

People not cut out for it cope by taking MFE's

Only to land at sell side places like JP or GS being glorified risk strats

Most reputable buyside firms hire exclusively PhD's for QR

Smartest man I knew shamed me for offering him a referral to a quant firm because he wanted to keep doing DiffGeo research on financial crisis events

No

Dont try to become a quant

If you can be one you'll be one

A lot of people in the academia world do look down on Stanford, it's not nearly as rigorous as a place like Caltech

Great place to earn money, not so great for research

Yeah, these people are the ones cut out to be quants if they got sick of academia. Not kids chasing quant TC

[final garden]

Open Source Devs are awesome

[weary path]

No i would even say this is completely wrong. Doing a phd in math is not special nor is it something that is reserved to the top 1% of math grads, people who are interested in research usually get a phd position they like (at least in the schools i know about <T10). The only real requirement here is the interest and passion.

[cerulean elm]

Quant interviews aren't hard bffe

[final garden]

^

SWE at OpenAI > Quant at HRT

[weary path]

Out of 60phds last year 6 passed the OA.. We made an exception for 4 others cuz their research seemed applicable. None got an offer. Ofc this is anecdotal evidence but i would assume it is even more extreme in more selective firms

[cerulean elm]

Producing original mathematical research is dozens of times harder than spending a few hundred hours studying brainteasers and having a regular grasp of undergrad mathematics (which is all they're capable of interviewing for anyway)

[junior lance]

Did the ones that pass attend a reputable phd program?

[shadow estuary]

anderson is right lol

[final garden]

I read this one detailed Quora post that stated something about people who employ Data Scientists particularly preferred people who worked as a Quant (I forgot if it was Researcher, Analyst...)

[shadow estuary]

maybe the phd candidates u have r from mickey mouse schools

[cerulean elm]

You're describing the symptom of academia being full of frauds and extrapolating that onto real results. Of course people with fraudulent PhD's cant pass an OA. I'm discussing research quality and not qualifications here

[shadow estuary]

higher academia at top schools is way harder/more respected than quant

[junior lance]

100%

[final garden]

What the hell is academia

[cerulean elm]

Quants are and always will be second rate mathematicians

[final garden]

Im like 17

[junior lance]

Pursuing research and advanced degrees

[cerulean elm]

If they weren't they would still be researching

[junior lance]

e.g enrollment in a doctorate program

[cerulean elm]

Go get good at cs

[shadow estuary]

idk if second rate, i do think a lot of ppl that choose to work at quant are just really enticed by the bag. but yeah a ton of people at research institutes could easily get into a quant position

[cerulean elm]

Way easier if you want money

[final garden]

lol im watching a course on basic Python machine learning rn

[weary path]

Well i dont know about your professional background but referring to princeton as some “elite” math school is laughable and shows that you do not know how the math research scene looks like

[final garden]

I just have a tab open here and switch around

[cerulean elm]

Get really good at low level systems, then get good at networking and reasoning about large systems, then build and learn about distributer systems, then fuck off to some faang and make L5 and enjoy a 500k paycheck for life

Your TC in faang is gated by impact. Your TC in quant is gated by alpha

Impact is easier than alpha

[junior lance]

This isn't the only way, but they have a reputable math program.

[final garden]

What is TC?

[cerulean elm]

Just dont be autistic and think being godlike at math will earn you money

It's not true

[final garden]

Total comepensation?

[junior lance]

Yes, it's total compensation.

[shadow estuary]

sauga just focus on ur gpa and ecs buddy

[cerulean elm]

Princeton is the best school in the world for mathematics

[shadow estuary]

any advice can easily be outdated by the time u need to worry about this stuff

[cerulean elm]

I do not know what universe you inhabit

[final garden]

Thanks, I just like to prepare for shit

[cerulean elm]

If you're using undergrad metrics you're retarded and out of touch with the math community

[shadow estuary]

u should worry about getting into a top school

[cerulean elm]

Princeton routinely produces the best research

[final garden]

Where can I find a university's research

[cerulean elm]

Being ruthless extroverted and ambitious will earn you more than being a math savant

[final garden]

^ drug dealers

[cerulean elm]

But that involves social skills which stem majors are allergic to

[weary path]

No one is arguing this dude. Having a phd does not automatically make you smart, nor does it prepare you for a quant interview or any interview. People do research cuz they like research, not because they are smart. And in the same spirit some people would like to do work in a quant firm. This has nothing to do with being a second rate mathematician (whatever that even means)

[weary path]

jesus christ 😂

[junior lance]

Is Princeton not top 10? It's closer to being the best than the worst.

[cerulean elm]

If you are awarded a PhD and cannot solve the basic presented mathematical problems in a quant interview, it should be revoked.

Especially considering they are and can be solved by undergraduates in specific circumstances

[zenith maple]

personally, i bought my phd

[cerulean elm]

You've largely ignored my previous point, and for good reason. I never claimed that being awarded a PhD makes quant interviews a breeze. The credential itself is meaningless. What I did state, however, is that being awarded a PhD in a meaningful context because you genuinely did perform original research in a topic that was highly demanding implies you will find quant interviews particularly trivial

Had this not been the case, the hard requirement for quant positions at buyside firms for QR would be below that of a PhD, because they could then further their applicant pool

And as all other corporate entities, if funds could, they would

It's used as a proxy and interviews as verification

[weary path]

brother i can not argue with you. as a mathematician i would like to point out that there is no meaningful ranking in schools to determine how good their mathematicians are. there are no “elite” math school. Meaningful research comes out of almost everywhere. Some no-name german schools have recently been making some insane progress.

[cerulean elm]

But if you produce actual meaningful research you're part of a group far smaller than those who occupy a profession becoming increasingly irrelevant

[weary path]

yes agreed

[cerulean elm]

You should know that leading experts are far likelier to be at institutions capable of funding them, and that such individuals are capable of better mentorship for graduate students

This observation is obvious

I'm not saying you cant be a top researcher at bumfuck nowhere. That's a function of the individual

[weary path]

there is no hard requirement for phd though. I don’t have a phd, neither do my friends at citsec. A demonstrated knack for research is what they are usually looking for.

even sig recently hired 3 master students.

[cerulean elm]

I'm talking about aggregate, and yes, a lot of firms will simply immediate interview people from specific schools

[cerulean elm]

And I got hired as a QA with a bachelors because I did research in undergrad. I know this is true

It's still extremely correlative though

[weary path]

that i am also not arguing

[cerulean elm]

A PhD simply has more time to practice research

[weary path]

i just wanted to point out that being a quant doesnt make a you a second rate mathematician

[cerulean elm]

Compared to the people really pushing the progress of the field?

[weary path]

you could argue that quant is filled with people who quit academia, but that is quite tricial

[cerulean elm]

They have to be, by definition, because there are individuals out there who absolutely do not care about money and are interested in only research

And those are who the best mathematicians tend to be

Because making alpha isnt fun

Furthermore

QR has such variance in terms of skill anyway

[weary path]

https://scholar.google.com/citations?user=sdw9roIAAAAJ&hl=en

[weary path]

yes and you argument is assuming that people who are interested in making money are automatically lesser mathematicians

[final garden]

Where do you find a university's research

[cerulean elm]

Hear out this logical line of reasoning

[weary path]

i would say this guy is pretty well known in his field and has done a lot of work. He works at Citadel part-time. People can be both brilliant researchers and still like to work at a quant firms

[cerulean elm]

Quants are researchers correct

The original field to develop research is as a researcher in an institution

Correct

Those who become quants leave such institutions

It rationally stands to reason that ON AVERAGE, those who leave left for some reason or another and those that remained did not face those issues

If even one of those reasons is not being as skilled at whatever encompasses the mess of academic research, they are by definition worse researchers

The only parallel I can really draw here is computer scientists in the 70's

You only ever went to go be an engineer somewhere if you simply weren't interested in doing research anymore for other reason

To state they start doing different work and excel at that more is rational

But to assert equality after your decided to leave the field is ridiculous

I would say you might mimic the opposite situation (industrial CS being significantly better than cs research)

But the day to day job of a quant is so far removed from resea3ch

You can't tell me it's not accessible with a strong undergraduate grasp of mathematics

I dont know how on earth you can assert equality to researchers publishing original papers that are meaningful (I will concede some are not)

[weary path]

no you make a mistake here by assuming people are given the choice at the same time. a fresh phd does not face any of the same issues a 7year post-doc faces. But sure if we account for that then yes you could say the avg ex-postdoc is worse than a the avg older postdoc

[cerulean elm]

I'll admit its somewhat pretentious to state that something is better than anything else, it's done with a viewpoint consisting of aggregates over specific individuals and I get it can be hurtful

And if so I apologize

But certain observations are clear

Such as CS research largely being a joke

[cerulean elm]

I'm not a quant recruiter

So I dont know the mean age of a hire

But at my last firm by and large everyone was hired within 2 years of their PhD

Then theres the argument that those with passion for the field are better researchers because they aren't chasing TC

[final garden]

Is it impossible to land a Quant Research job with a BS?

Minimum is MS I would assume

[weary path]

ah lol, no at my firm over 70% has a phd and has done research after that and some are postdocs

[cerulean elm]

The extremely complex models that were popular before the financial crisis have largely fallen out of favour to avoid risk anyway

So being a quant has become way more accessible

[weary path]

sure i see what you mean

you are drawing a clear line between academic research and research done at a quant firm

[cerulean elm]

Probably a better firm

[final garden]

70% 😭

[cerulean elm]

Mine had very unique mid term trading models

[final garden]

No one gonna take me with a BS

[cerulean elm]

And had carved out and dominated a very specific niche of the quant sphere

If you network with other firms you know which one it is lol

[weary path]

then yes i would have to agree that the avg QR does not care about academic research and might even not be good at it

[cerulean elm]

They're different but I think stating that it's easier at a quant fund is fair

[weary path]

but this is also only a statement about the avg ofc, there are many great exceptions

[cerulean elm]

Yeah, I agree

[junior lance]

If you are good, yes.

[weary path]

definitely less toxic than research from what i hear

nice man, sorry for the initial hostility

[cerulean elm]

Research is horribly toxic because universities aren't run for profit (properly at least)

[cerulean elm]

You have to be insanely good

[cerulean elm]

Same here

[junior lance]

Good is equivalent to a top tier quantifiable academic achievement like an international gold medal in math or compsci, high placement in Putnam, or great research.

[cerulean elm]

I'm guessing you have an Msc?

[cerulean elm]

I miss my olympiad days

[weary path]

yeah, was offered a phd but declined cuz i really dont care about math anymore

[cerulean elm]

I wasn't good enough for IMO though

[cerulean elm]

Why become a QR then

[weary path]

its quite crazy, i couldnt give a fuck about the details i used to care so much about

[junior lance]

Yea olympiads and competitions are fun. Going to try my luck at putnam next year

[cerulean elm]

Feeling similarly about CS but I need money

😭

I'm just so burned out by it all

Theres too much to learn and do

I wish I never double majored in hindsight

The workload is too heavy

On top of gaining real skills at leas t

[weary path]

qr is fun, a lot different to what i was used to in math. You dont care about minute details anymore, you can work in very specific cases, dont need to to abstract and generalise. You are not searching for truth

you are only searching for possibly correct answers

idk a lot more fun and engaging for me, as i like this more applied approach

[weary path]

is ok man just chase the money and FATFire as soon as possible 😂

[cerulean elm]

Pretty difficult from Europe

London pays ok ish

I was too focused on trying to make a startup to treat the interview cycle this year

Bombed my hrt 3rd round

[weary path]

RIP

[cerulean elm]

In hindsight I could have done it if I treated it seriously but at the time I just didnt care

I'm more interested in trying to make this stupid business make money

[weary path]

didnt know they were still hiring, i heard they kinda got fucked last year

[cerulean elm]

So I got a job which requires little effort and I'm using it to keep myself alive

[cerulean elm]

I have worse stories

My ex firm rescinded my return

[weary path]

UFFF

[cerulean elm]

It's fine

I can realistically become a QD anywhere I want if I bother grinding algos

The issue is I'm unsure if I can make it as a QT or QA at a better firm than the one I'm at right now

Because it's just an asset management place

Pays well, but a far cry from top tier

I'm not generating alpha to actually trade with

It's more for informing a portfolio manager

[weary path]

QT is quite stressful in most places, but if u want QT i would try to get into an HFT. less variance in pay compared to a hedge fund and possibly less stressful

[cerulean elm]

How much do HFT value experience as a QD at a hedge fund?

Also I thought it was way more stressful at HFT?

[weary path]

QT at hedgfund close to 0 but QD is surely very valuable experience

[weary path]

depends on how the firm/desk trades. Some are very systematic; so a trader is basically just a researcher and lets the algos run and makes minor changes. Some are a lot more handson and you actually even do screen trading

[cerulean elm]

I should leave soon then. The problem with AM is that the PM is making money quants couldn't dream of, but they take all the PnL with them

So your comp doesn't reflect performance at all

[weary path]

i can imagine the profit sharing being a lot more lucrative at a AM but again huge variance in pnl

[cerulean elm]

This place is particularly reputable

60 bil AUM

But less than 150 employees

Do the math 😭

[weary path]

UFF yeah then maybe try to climb the ladder, idk how this work at a hedgefund

uuffff

[cerulean elm]

You can climb it but it involves eating shit for years

And afaik they only hired me because they severely lack engineering infrastructure

I doubt they'll want me to move up anytime soon

They'll probably just want me to stay and keep building their tech

In that while math knowledge is required, software engineering is smoreso

Honesrly think its closer to QD advertised as QA

[weary path]

lead engineers do make quite a bit though, so might be worth the shit-eating

[cerulean elm]

European culture is toxic

Your comp triples because you're older

In america it's easier to make a lot while younger

[weary path]

but also a lot easier to get fired i guess

[cerulean elm]

Yeah, google were barred from laying off people in Germany

They kept their jobs afaik

[lost stratus]

Theres many many recruiting firms that represent the same set of quant firms we all know

Its likely theyre just another one of those and its just another headhunter, atleast thats what i noticed with all the quant recruiting firms i talked to

Although some randomly known of niche firms most people dont but this wording says worlds most successful so you probably know it alreasy

They might have an inside connection to hr

[weary path]

yeah also in france

so they had to fire a lot more people in switzerland 😂😂😂

[cerulean elm]

I'm guessing Balyasny

Only a company with terrible retention would brag about it

[lost stratus]

Are you in the us and are you hiring 👀

[cerulean elm]

Nope, european

They are hiring but I got headhunter

Idk

[lost stratus]

Does your firm operate in the us or have a us office

[cerulean elm]

Sometimes I hate 9 round interviews and at other times I remember how pitiful tech is in most firms

[cerulean elm]

Every fund has a NYC office

If they're big its safe to assume they operate in the US

Intraday and what not

[lost stratus]

What number of people would you say is big to that point?

[cerulean elm]

300 but people are a poor measure

Companies have three room offices sometimes

Honestly I'm not an expert in this field

I worked at a big name fund for a year and got hired at another somehow

[final garden]

So what do you do as a job?

Do you work at a quant firm anymore?

[cerulean elm]

quant @ non quant firm

[steel wedge]

damn i cant believe i read most of that

at my place the quants are all from physics

[junior lance]

Take me with you, I need a visa

[cerulean elm]

Nope, they charge 15% performance and 2% management

If it makes 8% a year that's 720 mil absolutely minimum in the firms pocket

Since they charge management and do other services on top of just the regular private asset management going on

I don't believe so, no

I think its simply a percentage of net profits on the given portfolio

It's just hedge funds with less risk as far as I'm concerned

And with more accessiblity for individuals who aren't UHNW

mixture of pensions and private wealthy clients mostly

No market making here haha

But if you do the math and realize that's nearly a bil in profit a year...

And most quants don't even get a cut of PnL

There's some portfolio manager clearing a mil + easily

Likely several

Altho afaik the average for a portfolio manager at the firm is closer to 500k or so

PM's easily challenge quants for how much they earn

Issue is you're unlikely to become one before you're 30

And that's at absolute best

[long raft]

Hahaha with 60B AUM I thought Marshall wace but they have more than 150 employees 😂

[smoky gulch]

it’s probably more

[rose holly]

how do you get a potision as a quant? i will do whatever it takes.

#iampoor

[short patio]

1. Be good
2. Don’t be bad

[cerulean elm]

Why do you want to be a quant

Why

[junior lance]

https://tenor.com/view/hasbulla-money-gif-25191018

He asked on the other server : "How to get jane street"

[cerulean elm]

Not one of those guys 😭

[junior lance]

@rugged rampart You miss chaewon too? 💓

I've never interacted with them, but they seem like a swell fellow!

[rugged rampart]

i do miss chaewon

[cerulean elm]

Stupid way to make money

You can make far more with far less work

You should want to become swe / trader / quant for an easy life not a rich one

For an employee at a company maybe but its still not a smart way to make money

Quants are mostly mathematicians and physicists who just so happened to want a job

Nothing more

I wish people got that

Wanting to get a PhD to become one is dumb

Making a business that makes >500k is way easier than becoming a quant

Be for real here

Be world beater at mathematics and computer science, be born with an extremely above average IQ, have an insane work ethic and dont even make shit till 27 all for 500k

I am

Thank you very much

Anybody who works a 9-5 for cash is fundamentally retarded though

You do it because you're lazy

Not because you're ambitious

Unless you genuinely care about software or modeling and that constitutes what

Like 1% of the workforce

Yep, it's to pay for bills while I build a dream

It's not my main focus

Thanks

[lost stratus]

i think what tbo said in the other server makes sense

I think that’s also part of the allure of quant, you can get to that state (unknown and 8 figure NW) relatively consistently, quickly, and with minimal risk

[shadow estuary]

idk about quickly

[lost stratus]

before /around 30 maybe, if not maybe a bit more then ig

[shadow estuary]

absolutely not

[lost stratus]

why

[shadow estuary]

consistenly and minimal risk is also debatable considering pay has only peaked in recent years

[junior lance]

Drago only tells the truth

[cerulean elm]

Vast majority of quants are not even making 7 figures

[lost stratus]

for new grad? or for like heads / team leads etc

[cerulean elm]

The average quant pulls what

200-300k at absolute best

Theres a tiny minority who make multiple millions but so what

[lost stratus]

what is an "average quant"

[cerulean elm]

That exists of any gield

[lost stratus]

this is what new grad / mid level swe make qt / qr are usually higher

[cerulean elm]

Anybody with a math degree, bachelors, masters, or PhD, who was hired as a quantitative analyst or quantitative researcher

You begin to argue in dishonest faith and commit the apex fallacy if you genuinely believe trying to become a quant is a feasible path to an 8 fig payday

I could say that of investment bankers, doctors, lawyers

Its intellectually dishonest

[lost stratus]

are you talking about banks and not high tier firms

i thought we were considering the ~50 quant firms most ppl here know and talk abuot

[cerulean elm]

Even in high tier firms it's not normal to clear a million +

They're north of 500 and less than a mil typically

[lost stratus]

after how many years?

[junior lance]

Being a radix simp must have made you out of touch with reality 😹

[lost stratus]

how so?

[cerulean elm]

It's not like seniority is particularly important as a QR b

But as far as I know its delusional and naive to believe quants routinely make 8 figs

[junior lance]

I'm joking, but you spew slightly nonsensical numbers and have a skewed and incorrect perception of the average

[cerulean elm]

It's like what some freshman would think who hasn't lived in real life at all

After watching one too many tiktok influencers

[lost stratus]

i don't think anyone makes it routinely my point was that anyone who works for it consistently for a while is bound to get near that kinds of numbers

[obtuse flame]

Shouldn’t be including risk quant and other quants with quant researcher imo

[cerulean elm]

Mistaken way of thinking. Business skills are built by attempting businesses or at absolute best working at startups. Working at established companies simply degrades your ability to be independent and develop the skillset you need to succeed in business

You can absolutely start as young as 15

Inhaling copium by thinking you need a proven track record of 20 years of being a low level coding monkey to sell a stupid SAAS to customers that dont give a flying fuck about fancy design patterns or modern deployment tools

Lmfao

Bffr

No

[lost stratus]

What nonsensical numbers are you referring to

[cerulean elm]

The average QR in London is on 100k base and 70K bonys

[lost stratus]

This server is a majority from the u.s

[cerulean elm]

Yes. These are people at "elite" firms, not risk quants or QA

I can bring statistics for the USA as well

It's not like it's not publicly available

Some quants make 8 figs the same way some lawyers make 8 figs

To assume you will is to a large degree idiotic

[lost stratus]

Quant is so niche and there isnt alot of public information about it where are you getting this public data from?

[cerulean elm]

It's not going to take 6 years of extremely high level taxing mathematical research

I'll tell you that much 🤣

[lost stratus]

What is extremely high level taxing mathematical research

[cerulean elm]

Losers who hate simply motivate me more 🥱

Stick to your job brokie

[obtuse flame]

No one said 8 figs

It’s cringe whether he’s trolling or not

Just ignore him

[cerulean elm]

@obtuse flame

[obtuse flame]

NW means net worth the last time I checked

[cerulean elm]

Wagies inhaling copium. If you do your PhD and study really hard, generate great alpha, work 60 hours a week, you might be able to get your CEO a new yatch

https://tenor.com/view/nicholas-cage-laugh-manic-scream-gif-14817017

[lost stratus]

Lots of quant firms dont require a phd

Or a masters

Or even a bachelors for some

[cerulean elm]

Bet your ass ain't even a quant

Why you in the quant channel lil bro

[obtuse flame]

It’s clear that @cerulean elm is just trolling so y’all should just ignore him

[cerulean elm]

TC or gtfo

[shadow estuary]

anyways, the original statement is still very naive, I don't think you understand how much an 8 figure nw is nor the probability and sustainability of making a very high tc

[runic grotto]

Yeah I think we can all agree on this

[lost stratus]

do you think TBO is naive?

[shadow estuary]

idk what his definition of quickly is or understanding of consistent

you are naive with that figure of 30

[lost stratus]

30-40++ maybe , idk what he meant tho too

[junior lance]

Naive isn't the right word, tunnel-visioned or skewed is better.

If you are in a bubble with people who accomplish such, then you interpret it as average.

[shadow estuary]

the entire premise is extremely hand wavey

somehow thinking youll be in the same industry where most of these companies werent even prominent until recently for 20+ years and have very short median tenures, have only recently started paying out the ass and not experienced low volatility, not burn out/like your work/not get fired that entire time, reach extremely high tc and sustain it, net 15 - 20 mil pre tax in the process

is so many low probability assumptions that yes i think its just naive

[cerulean elm]

It's extremely naive

And my original statement as for that to motivate you to become a quant still being incredibly stupid

Most quants even at elite funds do not clear a million

And even if they do they aren't clearing 10 million median in NW even after an entire career for multiple reasons

Taxation being one, debt being another, longevity being a third

There are just better ways for it to be done than to get a PhD producing meaningful research somewhere and passing the hiring bar and going through all of that simply for TC

Just under 100k base and a similar amount for performance

Sue me for my European TC

[plain arrow]

don't get a fucking phd for quant

[junior lance]

Yes. Get a phd for SWE at Amazon!

[plain arrow]

ong, phd is basically required for amazon. extremely hard to get a swe internship at. Only recruit from MIT fr fr

[cerulean elm]

The fact this has to be stated is sad

I'm apparently a pariah for pointing out its idiotic

But whatever

[junior lance]

Doesn't make sense to say MIT kids since it's obviously not the average MIT student. I know someone at U Chicago doing Shaw QR and they aren't the average. They would get QR if they went to a different school anyways given that they have a similar resume.

Lab dependent, but I don't think UROP or CSAIL are that distinguishing anyways. They are nice opportunities sure, but they aren't competitive and the research quality is inconsistent.

[junior lance]

UROP and CSAIL are MIT unique research opportunities.

No hate tho 😂 , MIT attracts the people that can get QR as an undergrad.

Yea, I watch their OCW lectures whenever I'm taking a similar class. Their profs are great.

[amber yacht]

simply take a class there

[junior lance]

I'm too far .

[broken thorn]

anyone here familair with max flow? I am not sure when to use circulation instead of max flow, i have several quesitons unanswered

are you allowed to maximize circulation, or only satisfy it? the examples in my textbook are satisfying demands to all be equal to 0, never more or less.
can you use minimum bounds on edges without circulation, or is that the use case for circulation?
can you reduce max flow with nonzero lower capacity edges to max flow with 0 lower capacity edges without using circulation?

these questions all have the same answer i think?

[junior lance]

I personally haven't dealt with max flow so I'm not of much help, but you can ask this question in a competitive programming server in #server-links.

[broken thorn]

ty

[junior lance]

#server-links message

[violet kayak]

How valuable is TCP/IP networking ability as a SWE at a quant firm?

[last herald]

you probably won't be working on a project related directly to it, but understanding the networking stack is definitely very useful for interviews

I think at minimum you should understand how to implement tcp

[violet kayak]

Ahh I see.

[broken thorn]

crazy that i can tap into that community for help now

so many people that are unbelievably smart, and I happen to be in a class where their knowledge applies

[junior lance]

Yea, competitive programmers are built different

The guy you asked for help in particular is really strong, he placed top 200 in putnam this year and is one of the best competitive programmers in that community.

[broken thorn]

i saw his rating hes insane

[azure cloak]

Anyone done the jane street SWE phone interview, if so, what questions did you get?

[tulip sapphire]

i mean Simons is just in another league, any comparison that says just look at him is moot since no one here is him

wb effective altruism

[broken thorn]

effective altruism doesnt work, you have to donate today, not after you die

SBF was the "most generous man in the world"

[formal turret]

Ur just wrong homie

Go larp somewhere else

[wraith wolf]

+1

[final garden]

Honestly being in here really made me realize that having a PhD in Applied Math or something heavily Math related from a top school really is the most stacked and overpowered degree you can get

Learn some Python, C++, R, or something on the side and you will be wealthy

If you execute your plans right

[final garden]

What website is that

[wraith wolf]

https://csrankings.org/

ranks schools by cs research

[rugged rampart]

research output* not research prestige

[final garden]

I didnt know Carnegie Mellon was so high

Higher than MIT is wild

[wraith wolf]

https://csrankings.org/faq.html

"it weighs departments by their presence at the most prestigious publication venues"

[rugged rampart]

yuh that's number of publications

[wraith wolf]

the counts are adjusted to reflect the prestige of the journal

[rugged rampart]

im not saying stanny is looked down upon for research just that it is now how to read csrankings

yes but it's # of publications

[wraith wolf]

You're right, it's not purely reflecting the quality of work

[rugged rampart]

which a bigger school means more profs

[wraith wolf]

But I still think it's really misguided to say Stanford is subpar for research vs Caltech

[rugged rampart]

i didn't say that

[wraith wolf]

I didn't say you did

[rugged rampart]

ok

[final garden]

Where do you find a universities publications / research papers

[uncut steeple]

I need to make an appendage size rating and reflect myself at the top

that way all are aware

the people from the congo are NOT allowed in any slot from #1 to #10

it's not fair because my appendage corresponds with a greater number of adjacent follicle units

[long raft]

According to that page my uni is under the top 100 places but whenever I mention it nobody know what it is so idk this can be used as a good metric 😂

[long raft]

<@&868936794601828492>

[cerulean elm]

Continue to suck

[junior lance]

If you think WPI is better than Caltech...

[rugged rampart]

i miss chaewon

[cerulean elm]

They think weird and arbitrarily skewed metrics to support their nonsensical argument points is a substitute to actually being part of the academic community

More proof they're frauds!

Sad

[broken thorn]

i assume most ppl who leave are just on alt accounts now. can be risky to post on main for a long period of time because ppl can figure out who you are from message history. ppl have also lost offers from messages in discord. a lot of ppl have a bot to auto delete messages after a while for the same reason

[rugged rampart]

Does that mean chaewon is here 🥺

[junior lance]

[rose holly]

People have lost offers ???? No way

[broken thorn]

at least one tech and at least one finance. prob not from just being here tho, i assume its something like pbjpie said where they did something nono

[rose holly]

bizzare

[short patio]

forever gapped

[formal turret]

Your moms gonna continue sucking me off

[cerulean elm]

Hope she paying you some of my juicy TC

NERD

[formal turret]

That doesn’t even make sense

Come up with better insults dumbass

TC can’t be that high when u lack the ability to come up with optimal clap backs

[cerulean elm]

Just like you

NERD

[uncut steeple]

anyone know how PDT hires

I'm thinking it's a nepotism thing

basic linkedin search returns some fresh grads with state school backgrounds and some industry hires with coding bootcamp and/or unheard of companies

I found another person with communications major

....

one person with a food science degree from BU

......

[rugged rampart]

Gapped

[nocturne estuary]

Someone searched by top paying NYC firms on levels

[uncut steeple]

?

they came to my school for a tech talk and resume rejected me after

[nocturne estuary]

Interesting, it’s just a strange firm to consider since they’re not that technical as I understand it

[uncut steeple]

tbf I agree those things should be taken down too

but this discord seems to enjoy those appendage rating sites given the feedback on cs-ratings or whatever

[nocturne estuary]

Yeah prestige = highest paying on levels truly

[fast gazelle]

levels isn't even accurate for quant

[nocturne estuary]

Why is why that dude has HRT as his discord name, that’s like top tier quant cringe wow

[junior lance]

@rugged rampart

HRT is worth simping for.

[rugged rampart]

Itssok haters stay hating

[lost stratus]

Hrt is just a tech company that is stingy about hiring

[rugged rampart]

Omg you're back!!

I missed you chaewon

[broken thorn]

parasocial relationship :

[rugged rampart]

U don't remember me

[junior lance]

Are you ready for HRT next year?

[twin cloud]

i streamed unforgiven so many times

[frail inlet]

anyone interested in partnering for a fintech startup? I'm an ex faang SDE (4 years exp). I don't enjoy coding so I'm looking for a technical lead interested in the space

its not crypto or some other boring idea like NFTs

its a validated idea that should generate 30K MRR with just 0.1% user retention

B2B prosumer SaaS

[cerulean elm]

Sure

Why not

[broken thorn]

sounds promising, wish yall the best of luck

||also i automatically translated faang into amazon in my head, how far gone am i||

[rugged rampart]

Ofc bro

[twin cloud]

https://vm.tiktok.com/ZMYwcvdvF/

[rugged rampart]

how dare you make fun of chaewon

[thorny gate]

did anyone interview for Akuna C++ role, I interviewd in the fall and got some templating c++ coding problem wrong so i'm trying to remember it but cant which is driving me crazy

[brisk stream]

mayb an order book?

[thorny gate]

nah it wasnt an orderbook

[formal turret]

Dm me, I somewhat remember it

[winged aurora]

whats the main benefits for participating in those short 2 weeks insight programs? noticed that only finance companies like banks and trading firms hold such programs, but it doesnt seem to increase your chances of passing interviews or skipping any of the interviews

[long raft]

The solely purpose is to get your foot into the door. Maybe the recruiter or team likes you and invites you to interview for internships etc.

[neat junco]

you meant template metaprogramming or just generic programming using templates?

if for the first i didn't recall any

[thorny gate]

i dont think there was template metaprogramming but could be wrong because back then i was not aware of template metaprogramming

[last herald]

I just remember the OA being absolutely brutal

super detailed C++ trivia, a medium-hard and 2 actual hards

the trivia had a question about some new C++17 feature that I actually thought was kinda cool, but I cannot remember what it was anymore

[opaque sable]

you can get internships from it. i know people who have 2024 offers already from them

Also connections and something to put on your resume

[rugged rampart]

no way

[scenic bison]

need to get on that

[long raft]

It’s behind a paywall 😅

[tulip sapphire]

was gonna say 12ft.io but then i saw the domain 😭 so use https://archive.is/xIaKS

[uncut steeple]

yo so I did a deeper dive

apparently dude is managing >6.5B

how much do you think hes taking home

[weary path]

6.5B with how many people?

[uncut steeple]

not sure

probably the standard PM and 4-5 analysts

PIMCO

[weary path]

yeah he is prolly taking home a shit tonne, in a profitable year. Depending on how the structure is setup he might be taking home 1m on an avg year🤷‍♂️

[uncut steeple]

jesus

25

wtf

dude didn't even go to a good bachelors

just standard uni

bro I don't even think you make that much at Citadel et al

[fast gazelle]

https://readerized.com/?url=https://www.businessinsider.com/citadel-hedge-fund-user-experience-engineers-ux-ken-griffin-2023-5

[long raft]

Wait that’s UI/UX team so they are talking about figma/adobe xd prototypes not fully functional full stack/c++ applications? 😅

[long raft]

This is what made me a little bit suspicious. I mean maybe they really do it that fast but I figure in such cases they have pretty much a one click solution with prebuilt templates they can use.
Same as with oracle apex. You can create rather large application in an hour if you are an expert with apex

[winged aurora]

https://youtu.be/tszI9GrH1u0

Maybe it's a visual framework like this for the frontend

Lots of companies are doing low code/no code solutions nowadays but it's extremely domain specific

They could leverage on their expertise on internal flows to create some ready to use plugins

[weary path]

citadel manages around 70b i read, so that should put into context. Actively managing 6B+ at 25 is definitely insane and extremely rare

[weary path]

see above

[golden cargo]

in honor of chaewon

https://www.linkedin.com/in/yash-s-patil/

[fast gazelle]

wtf

he's a sophomore

[scenic bison]

is that u

[scenic bison]

maybe he meant its a larp account because its in honor of chaewon

[fast gazelle]

probably not bc there's easily verifiable info

like being the director of treehacks

[scenic bison]

oh true

[rose holly]

why did u change ur pfp to urself

[shadow estuary]

this is def the most cracked profile thats been sent here

[scenic bison]

felt cute

[shadow estuary]

current student*

mfs could just send jeffy b

[fast gazelle]

kenny g clears

[rugged rampart]

is this real

oh it is but his resume doesn't say anything abt open ai

[shadow estuary]

how does that even happen

even getting an interview is impressive but convincing them for a full time role?

wtf

cause im pretty sure people have interned there in the past

[fast gazelle]

skill diff tbh

[golden cargo]

no lol its real

[scenic bison]

gotcha, was confused with the larper remark

[shadow estuary]

what's the difference?

ah ok from looking it up its like a pathway program into a full time eng/rs role

def still very cracked

[lost stratus]

coinbase quant 🤔

[rose holly]

Coinbase has Quant

[short patio]

imc or bust

[short patio]

ngmi

a lot of good resources are pinned, first thing to figure out is if you can actually study the relevant material in time

tl;dr, QT = math, probability, market making, trading games, SWE = lc + os + other random stuff (sys design sometimes)

keep coming back just to comment weird who's the weird one

[scenic bison]

lol he left server

he joins sees when someone mentions him, says weird, then leaves

[short patio]

I guess tl;dr is, if you want SWE at quant, at minimum, very good at LC, and for most firms, know your systems/os level stuff, be able to do sys design, have some relevant financial knowledge, and get lucky

helps to have all of the above: previous faang/unicorn, t20, 3.7+

[last herald]

I'm bad at LC and have been okay 😭

but yes knowing your systems/os is very crucial, don't think finance knowledge really helps but probably doesn't hurt

[short patio]

very good / bad are relative

like you need to be proficient with most mediums I'd say

that's a prereq for tech even

[last herald]

I don't think I could do a random medium-hard atm

probably after grinding a bit

[opaque sable]

don’t think u need any finance knowledge for swe really

just make sure u know what the firm does and stuff

optiver asked me to explain market making but that was it

[last herald]

as a swe?

[opaque sable]

yeah

[last herald]

was that on the final?

I never got asked that

[opaque sable]

no first round

[last herald]

huh

my first round was talking over advantages/disadvantages of ways to implement a queue

and then choosing one and doing it

[opaque sable]

my first round was behavioural

but i applied to amsterdam so could be a different process

[last herald]

oh the behavioral yeah, i don't remember them asking that

~~I accidentally called them IMC in my behavioral ~~

[short patio]

I think you could at least solve like 50% of random real mediums

Most are very common patterns

[short patio]

Don’t need, it helps tho, or at least a basic knowledge of financial systems and how these firms work

Why do you want quant anyway

Ngmi

You can usually get in as a hire from big tech or similar

You get lowballed tho

Can always delay

hardly anyone manages to do this, the few that do are very sharp and usually are at big tech

much easier to go ng or intern pipeline

quant isn't end all be all

like it's not that much more money

only at like 15 firms

and those firms are extremely competitive, have not so great WLB, and expect a lot out of you

big tech not hard

just leetcode maybe sys design

getting interview the hardest part

bad mindset

intern pay is good

FT pay is still p good

you in a dick measuring contest with everyone else on this server? you'll never measure up

there's always a bigger fucking fish

like ok u got quant lil bro? congrats there's some kid building the next amazon

I think money is totally fine to chase but comparing yourself to others for motivation is only gonna drag you down

goalposts always shifting

You’ll be making dashboards forever

[broken thorn]

bro stop dramaing

how hard is it to just not argue

why dont u both just not atgue

simply vibe

[short patio]

It’s literally characters on a screen it’s not that deep

[broken thorn]

words have meaning to be fair

information is not trivial

everything is 1s and 0s if u think about it

this is true

[short patio]

Was talking to @broken thorn

[broken thorn]

chae has funny opinions

therefore net pisitive

even if some opinions are harmful u cant deny the funniness or zaniness of opinions made by chae won

[short patio]

Toxic is fine if it’s funny

If it’s not true then it doesn’t affect you I was just parroting shit other people said 🤷‍♀️

Not in this server

[scenic bison]

more larpers 😮‍💨

[short patio]

Among us?

[scenic bison]

[short patio]

I don’t own or mod that server bruh I just talk to them sometimes

[scenic bison]

idc who larping or not i just like tea frfr

[broken thorn]

i am larping as myself

[scenic bison]

real

[short patio]

He is a sussy individual

He said stop spreading misinformation shards you’re weird and then proceeded to be more sus in the DMs

[tulip sapphire]

*Quant is not worth unless it is belvedere trading
ftfy

[shadow estuary]

lotta yapping in this channel

why would someone lie about it with so many public profiles lol

and arent there other roles in openai atleast for eng

and isnt the whole point of residency to set up an acceptable baseline if he was to work on ml stuff

[robust totem]

That’s false

C1 got good intern pay and ng pay

[lost stratus]

Do you have any control over team matching for intern or ng?

C1 does have quant or quant related teams that would help you get past resume screen at quant firms

i haven't worked at capital one before so idk what the specific teams are but i'v seen a decent amount of quants at capital one, but also in general most financial instutitions, specifically banks have quant teams

[nocturne estuary]

capital 2

[fast gazelle]

buckle my shoe

[thorny gate]

would all the latency sensitive work in HFT's be more accurately chracterized as systems engineering or software engineering

[short patio]

ur putting a label on something

it doesn't change what it is

writing low latency code

call it whatever u want

[thorny gate]

i was asking cuz my manager looked at my resume and said so ur basically a systems engineer

so i was like hmm what exactly does that mean

[short patio]

I feel like this is subjective

But for me I’d define it as building the infrastructure / platforms on which code and higher level software can be built

Linux kernel, networks, the APIs/frameworks that computers use to talk to each other and to the stock exchange

[winged aurora]

i think most companies group system eng under infra team

other work like data storage, high performing computing are also latency sensitive but may not be under infra

usually sys eng deals on a much lower level than basic software

this is not just for hft but general tech as well

[amber veldt]

anyone interviewed at sig?

trading

[short patio]

apparently pretty standard green book + prob questions but your best bet is to talk to qt there

[amber veldt]

Ok clutch thanks. I'm doing the second round soon

[broken thorn]

shit do i gotta start aplyig now

[ember night]

[solemn talon]

new grad apps are open?

[amber veldt]

Did discovery day

[ocean gazelle]

How was it

It’s a 1 day office day in the Philly hq right

[amber veldt]

2 days, was pretty fun

Got nice swag

[ocean gazelle]

niceee

speaking of swag cit said they’d send me a hoodie but they sent me the thinnest tshirt I’ve ever seen

[timber quartz]

One of my roommates cut off the sleeves of the tshirt and turned it into a tank top

[harsh kindle]

long sleeve?

i got somethign similar awhile ago but mine is thin af and long sleeve

[smoky gulch]

is it the long sleeve with the hoodie

[ocean gazelle]

It’s a tshirt @smoky gulch

[broken thorn]

based

very cool thing to do

[leaden temple]

Anyone cop the citadel Arc'teryx collab

[odd spear]

any tips on preparing for quant new grad? I feel like quant new grad is considerably more difficult than quant intern

[grizzled osprey]

kinda looks like their standard fleece

[short patio]

same interview process innit

just make sure you do good on interviews 🤔 💡

[odd spear]

Do u think the hiring bar is a lot higher?

it’s not often u see someone just start as new grad quant

Versus return quant

[short patio]

Correlation

Most people smart and motivated enough to pursue quant already have by junior year

[odd spear]

fair

[sullen falcon]

credence on this>

[short patio]

source: I fucking made it up

[lost stratus]

Cit swe ng and intern are the same

[proper wedge]

Do you think quant jobs need SQL knowledge?
I think it is not a requirement?

[tranquil bolt]

hey do you guys know if i can apply to 2024 new grad swe roles if i am graduating in spring 2023?

like for example optiver or imc's programs

[short patio]

just apply regardless

[winged aurora]

optiver is quite strict about campus hiring iirc

high chance they may reject your application but ofc u shld just try but dont hv high hopes about it

[tranquil bolt]

i see, i was just curious since i got to final round w optiver for 2023 new grad

ill apply regardless tho,

[winged aurora]

they will assume you already know because its basics

whether or not they will ask you depends, i am very sure most ppl do know SQL already since database is like a core module

[ember night]

Final round

[steel heron]

Cope

[broken thorn]

is green book still the best way to prep for QT?

[short patio]

haters gonna gatekeep

[broken thorn]

what is better?

[final garden]

What is the career path for quants

All the salaries are so similar, even from entry to senior its so close

$200k-$300k is the salary of 99% of Quants

I guess bonuses skyrocket then?

but from what to what

[fast gazelle]

depends on how good you are

[broken thorn]

my school doesnt have a dedicated stats class, i have bits and pieces from discrete math, 10th grade algebra, and quantum mechanics tho

if possible id like to use something that gives me the stats fundamentals too (blitztein and hwang?)

i do know that

drive drunk 99 times and the 100th you will guaranteed pass the breathalyzer

[sharp bane]

Hey, I have to take 2 economics classes, I'm currently looking at econometrics & math methods with economics, do you guys think those two would be the best for quant?

[broken thorn]

i go to rpi

we have an upper level stats class and a freshman level one solely for engineers

[obtuse flame]

Not sure what you mean by “quant” it’s a broad term

[broken thorn]

CS majors get it from discrete math tho

[sharp bane]

quantitative analysis

[broken thorn]

(our discrete math also includes probability and turing machine/automata stuff)

[obtuse flame]

You mean quantitive analyst?

Or quant swe

[sharp bane]

yup for one of those roles

[obtuse flame]

Or quant trader

Or quant researcher

[obtuse flame]

That’s a single role

[sharp bane]

researcher or analyst

[broken thorn]

yeye id take it if i had room

rn the sexiest class ever is taking that spot in my schedule though

"algorithmic game theory"
taught once every 4 years

[obtuse flame]

Pretty sure classes aren’t going to make a big difference, in the end it’s studying on your own

[sharp bane]

Is there a rspecfic roadmap online you recommend I can llok up?

[obtuse flame]

idk

[sharp bane]

How much would linear algebra come into play?

[broken thorn]

linear algebra is cool u should take it regardless

[sharp bane]

Already taken

I have a final in 2 days

[broken thorn]

hype

remember the 4ish axioms and then derive it all for the exam

[sharp bane]

Vector spaces are killing me, I wish I had more time to study, I feel as if I can understand it but I have two other finals so my time tostudy for linear is decreasing.

[broken thorn]

hoping u pull through

hang in there

[sharp bane]

Thank you, I have to finish a UX Project tonight, and have an embedded system final tommorow, leaving me 1 day to properly study vector spaces and eigenvalues & vectors

I'm just gonna grind it out since after the 10th I'm free until my internship for the summer, can't wait honestly.

[broken thorn]

nice that u have an internship at the end of the tunnel

[short patio]

way to stick it to us jobless folk

[broken thorn]

im us jobless folk 😭

[runic grotto]

You have in person finals but not in person classes?

[sharp bane]

Are you in a quarter system?

[sharp bane]

That sucks man, hopefully your manager lets you go to it

[proper wedge]

can I understand quant as a Data Scientist with more specific domain knowledge?

[final garden]

yes

But you gotta learn the math

[nocturne estuary]

https://www.reddit.com/r/csMajors/comments/13cra9c/path_from_big_tech_to_quant_sweunicorn_swe

Alright which one of you if this

[scenic bison]

Solid company on resume (G)

[nocturne estuary]

Solid company on resume (G)

[opaque sable]

Ngmi

[junior lance]

Why

[nocturne estuary]

Solid company on resume (G)

[junior lance]

https://media.discordapp.net/attachments/972617781910597682/1085303461849079858/1064469467549151263.gif

[short patio]

actually not a bad post

asking good questions

just wants people w/ exp to chime in

[nocturne estuary]

it comes off as very blind prestige chasing to me

but maybe that's just me

[shadow estuary]

thats kinda just the inherent nature of asking of how to get into quant no

dont think anyone actually cares about the nature of the work

[short patio]

who says they aren't tc chasing

money is a very real motivating factor

[nocturne estuary]

perhaps, but it's not that much more money

[short patio]

200 vs 400+ is decent

unicorns I agree

[shadow estuary]

actually it is a bit blind chasing lmao

saying quant and unicorns is very baseless

[nocturne estuary]

asking about unicorns/quant in the same breath is strange yeah

[shadow estuary]

literal thousands of companies that just sound good

[short patio]

rat in rat race doesn't know next step

so asks reddit

basically

[nocturne estuary]

[short patio]

"EDIT: To clarify, I'm aware that some unicorns have a hiring bar equal to or lower than FAANG - I'm more so referring to the subset of 'elite' unicorns that have a higher hiring bar and higher compensation. Generally speaking, I'm trying to see what the next step is in terms of goals and preparation after having completed FAANG internships."

kek

what will the rat do when it gets tired of the race

[nocturne estuary]

the rat gets muscular because it keeps on running and is able to run forever

[short patio]

💪 RAHHHH

does the rat get depression

[nocturne estuary]

perhaps

[short patio]

i am the rat

[nocturne estuary]

https://tenor.com/view/trollz-tekashi69-6ix9ine-6ix9ine-trollz-6ix9ine-celebrating-gif-17598858

the rat

[robust totem]

also it’s trameski

[nocturne estuary]

confirmed?

[scenic bison]

i think he saying its tram mentality

[fast gazelle]

first mistake was asking r/csmajors

maybe like 0.1% has any relevant experience

[robust totem]

the only people with experience in r/csmajors is the amazon intern/new grads thread

[robust totem]

o wait i got confused with a different post nvm

[opaque sable]

what’s up with that guy anyway

he messages me all the time asking to rate his emails

which are often clearly ai generated lol

[robust totem]

lol personally when it comes to emails i just write a short sentence

i legit can't use chatgpt to write anything

[robust totem]

idt he's really sane

[boreal jetty]

How long does it take to prep for two sig interviews?

[opaque sable]

some of the questions he’s asked me makes me think so too

[scenic bison]

should be a server wide notice to ban tram

[opaque sable]

what did bro do

😭

[junior lance]

Do not ban the user trameski8. He is a kind soul who invited me into other servers affiliated with this space.

A great guy although he has sent me tortuous messages.

[uncut steeple]

As of this writing, Tekashi69 has a net worth of $500 thousand. disappointed

[winged aurora]

i honestly dont think one can ever truly feel prepared

[tulip sapphire]

Who pinged

[digital gust]

Akuna capitals sent some sort of a video thing, one sided for an hour or so. what can I expect? anything helps, thanks guys!

[digital gust]

email said can go 40-60 minutes

[weary path]

hirevue? these are usually trivial brain teasers or probability questions, meant as a first screening

[long raft]

Hirevue is the worst level of interview a company can do. I don’t want to talk to a camera where clearly nobody will watch that video. I prefer as first screen online assignments 😂

[winged aurora]

I rmb hirevue was hackable

You could intercept the packets to determine the questions that they were going to ask

But they fixed it and hashed the questions so u can't tell what it is anymore

[opaque sable]

There’s a script called firevue that can decrypt it lmao

[long raft]

<@&868936794601828492>

[opaque sable]

HOW

❗❗❗❗

[digital gust]

I guess it's vidcruiter

not hirevue, unless they're the same and I've no clue what I'm talking about

[last herald]

i think a lot of places do actually watch them

i met the imc engineer that watched mine at my office visit lmao

[long raft]

oh thats interest. I thought the idea of hirevue is to automate the question process (aka transcript of the video will be analysed for keywords /sentiment/... )

[opaque sable]

yeah

some places dont watch them and just analyse the transcript

[long raft]

I know a lot of people (including myself) who freak out when they have to recrod a short 1 min video with only 2-3 tries. In contrast asking the same question in a face to face setting is easy peasy (for me)

[tulip sapphire]

What happened?

[long raft]

spam (aka make 1M without moving)

[opaque sable]

it's real i did it

[ocean gazelle]

2024 intern or new grad?

[digital gust]

junior position so probably new grad

[sleek lance]

does anyone have any resources on transitioning from swe in tech to swe at trading firms? I'm fine with regular tech technicals (leetcode, system design, etc) but idk anything about swe interviews at quant/hft firms

[short patio]

be familiar with low level systems / networking

[opaque sable]

networking, os

c++ sometimes, depends on firm

[sleek lance]

Okay sweet, thanks y’all!

[digital gust]

should I prep math or finance? I'm g with math but finance I need to learn up, so like will they ask options and the Greek variables and shit? thanks in advance

[digital gust]

aight yeah, I am not claiming info coz increases chances of utter obliteration in an interview💀

[coarse apex]

yo did quant apps open?

[bleak terrace]

blackrock

[coarse apex]

what position?